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thought the rest of the u.s. >> the republican party who is elected to control the congress the same time as obama was elected are going to cross their arms and they are not going to raise the debt ceiling ultimately unless they get severe spending cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests here for the riskometer. on this side we have is the u.s. a bigger threat to global growth in 2013. on this side the e.u. lutnic thinks the u.s. is by far the bigger. as you look overall most people still seem to believe europe is the biggest threat in 2013. by the way, speet tweet me wher think the biggest threat is. >> very official looking. did you make that yourself? >> d
risks. the congressional clock is still going according to the next election. >> reporter: but he can't push too hard. former reagan chief of staff says after a second win, most presidents have an inflated view of their power. >> so you have to figure out ways you can accomplish things and go directionally in the way you're going. realizing that time is an enemy. get as much done as you can, but don't overreach. >> reporter: a lesson president obama promises he learned. >> i'm more than familiar with all the literature about presidential overreach in second terms. we are very cautious about that. >> reporter: at the same time, he has to battle white house fatigue. >> people get tired. staffers leave. and you lose some institutional memory. >> reporter: above all, avoid scandal. what is known as the second term curse. something quite a few modern day presidents have fallen victim to. >> i am not a crook. >> reporter: for richard nixon, it was watergate. he resigned over the break in and cover up just 18 months after his re-election. >> i did not have sexual relations with that woman. m
Search Results 0 to 3 of about 4 (some duplicates have been removed)